PeNuel2020

GBPUSD - BUY ABOVE @1.38

Long
FX:GBPUSD   British Pound / U.S. Dollar
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EXPECT CABLE TO MOVE UP AS LONG AS IT STAYS ABOVE @1.38 DAILY OPENING AND CLOSING PRICES:

- LAST NFP NEWS MADE ***USD PAIRS REJECT THEIR RECENT LOWS WITH A "MASSIVE' PULLBACK UP;
- DXY IS LIKELY ON ANOTHER BEARISH RAMPAGE AS IT RECENTLY HIT A MULTI-MONTH TRENDLINE RESISTANCE AND GOT REJECTED;
- GBPUSD IS IN A STRONG REGION OF OVERALL RANGING/CONSOLIDATION BETWEEN @1.37 - 1.42 AND A GOOD SUPPORT ESTABLISHED AFTER NFP;
- GBP MAY HAVE NEWS OF CLAIMANT CHANGE, UNEMPLOYMENT RATE, PMIs AND OTHER NEWS AHEAD THAT MAY BE BETTER THAN PREVIOUS;

ABOVE ALL, ENSURE YOU USE PROPER RISK AND MONEY MANAGEMENT. YOU DON'T WANT TO BE A VICTIM OF MARKET UNCERTAINTIES!

DISCLAIMER: DO NOT TRADE WITH BORROWED MONEY OR THE ONE YOU CAN NOT AFFORD TO LOSE.
FX IS A HIGH RISK HIGH REWARD MARKET AND VERY VOLATILE

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